OeNB revises growth forecast for 2011 and 2012

BusinessEconomy ♦ Published: June 14, 2010; 00:00 ♦ (Vindobona)

Austria's economy will grow 1.6 to 2.1 percent from this year to 2012 to 2.1 percent, as estimated by the Austrian National Bank.

OeNB revises growth forecast for 2011 and 2012 / Picture: © OeNB

Austria's economy will grow 1.6 to 2.1 percent from this year to 2012 to 2.1 percent, as estimated by the Austrian National Bank (OeNB). Inflation will remain on a similarly low level.

Based on its most recent growth forecasts the OeNB expects growth of the Austrian real economy approximately at 1.6 percent in 2010.

In the years from 2011 and 2012, growth will gradually…

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